Effective Date Conditions. The date on which the Applicant shall become an Additional Bank (the "Effective Date") is _____________________, 19___; provided, however, that the assignment and assumption described in this Certificate shall not be effective unless, on or before the Effective Date, (i) the Agent has received counterparts of this Certificate duly executed and delivered by the Borrowers (unless the Borrowers' consent to the assignment hereunder is not required under Section 8.11 of the Credit Agreement), the Assigning Bank, the Agent and the Applicant, (ii) the Agent has received the transfer fee for the account of the Agent in the amount of $2,500, and (iii) all other terms and conditions of this Certificate and the Credit Agreement relating to the assignment hereunder have been satisfied. 61
Appears in 1 contract
Sources: Credit Agreement (Albecca Inc)
Effective Date Conditions. The date on which the Applicant shall become an Additional Bank (the "“Effective Date"”) is _____________________, 19___200 ; provided, however, that the assignment and assumption described in this Certificate shall not be effective unless, on or before the Effective Date, (i) the Agent has received counterparts of this Certificate duly executed and delivered by the Borrowers Borrower (unless the Borrowers' Borrower’s consent to the assignment hereunder is not required under Section 8.11 8.10 of the Credit Agreement), the Assigning Bank, the Agent and the Applicant, (ii) the Agent has received the transfer fee for Table of Contents the account of the Agent in the amount of $2,5003,500 (or, if the Applicant is an Affiliate of the Assigning Bank, $1,250), and (iii) all other terms and conditions of this Certificate and the Credit Agreement relating to the assignment hereunder have been satisfied. 61.
Appears in 1 contract
Effective Date Conditions. The date on which the Applicant shall become an Additional Bank (the "“Effective Date"”) is _____________________, 19___200 ; provided, however, that the assignment and assumption described in this Certificate shall not be effective unless, on or before the Effective Date, (i) the Agent has received counterparts of this Certificate duly executed and delivered by the Borrowers Borrower (unless the Borrowers' Borrower’s consent to the assignment hereunder is not required under Section 8.11 8.10 of the Credit Agreement), the Assigning Bank, the Agent and the Applicant, (ii) the Agent has received the transfer fee for the account of the Agent in the amount of $2,5003,500 (or, if the Applicant is an Affiliate of the Assigning Bank, $1,250), and (iii) all other terms and conditions of this Certificate and the Credit Agreement relating to the assignment hereunder have been satisfied. 61.
Appears in 1 contract
Sources: Credit Agreement (Xcel Energy Inc)